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The MPFA today (2 June) released the March 2025 issue of the Mandatory Provident Fund Schemes Statistical Digest (Statistical Digest), a quarterly report which covers key statistical data of the MPF System up to the end of March 2025, including scheme member enrolment, number of accounts, total MPF assets and investment performance.

The Statistical Digest aims to enhance information transparency of the MPF by showing the general situation and progress of the MPF System in different areas. 

Key findings in the March 2025 issue of the Statistical Digest are as follows:

• As at the end of March 2025, total MPF assets amounted to around $1,340 billion, increasing by 125% over the past 10 years.

• Since the inception of the MPF System in 2000, MPF equity funds and mixed assets funds, which together accounted for nearly 80% of total MPF assets, registered on average annualized net returns of 4.5% and 4.0% respectively, exceeding the annualized inflation rate of 1.8% for the same period.

• As at the end of March 2025, there were 3.52 million MPF accounts with investment in the DIS funds, accounting for more than 30% of the total number of 11.26 million MPF accounts at the time. The total assets invested amounted to $138.1 billion, accounting for over 10% of total MPF assets^#.

• As at the end of March 2025, the average annualized net returns since the launch of the DIS on 1 April 2017 of the Core Accumulation Fund and Age 65 Plus Fund were 5.7% and 2.0% respectively, higher than the 1.8% annualized inflation rate recorded in the same period. 

• As at the end of March 2025, the number of tax-deductible voluntary contributions (TVC) accounts was 87 000, reflecting a year-on-year growth of 15%. Amount of contributions received in TVC accounts in the first quarter of 2025, at $1.3 billion, was the highest quarterly figure since inception of TVC in April 2019.  The cumulative amount of contributions received since inception was $12.9 billion.

• In the first quarter of 2025, the total MPF contributions received amounted to $23.9 billion, also a quarterly record high. Of the total, $17.4 billion (73%) was mandatory contributions and $6.5 billion (27%) was voluntary contributions. The benefits paid amounted to $12.8 billion.

_{* “Highest” and “Lowest” refer to the highest and lowest annualized net return among individual funds in each fund type during the relevant period respectively.
# Percentages may not sum up to the total due to rounding.}

－Ends－
2 June 2025